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Volkswagen’s U.S. boss apologizes for ‘deeply troubling’ emissions-rigging,...
WASHINGTON — Volkswagen’s top U.S. executive offered deep apologies yet sought to distance himself Thursday from the emissions scandal enveloping the world’s largest automaker. He asserted that he and...
View ArticleU.S. judge approves $446 million settlement for victims of Lac-Megantic disaster
PORTLAND, Maine — A U.S. bankruptcy judge has approved a $446-million settlement fund for victims of the fiery Lac-Megantic oil-train derailment in Quebec, clearing the way for payments to victims by...
View ArticleApple Inc adds Retina displays to iMacs, redesigns Magic keyboard, mouse
NEW YORK — Apple is adding Retina displays to its iMacs, which will enhance the text and the image quality of photos and videos. The Cupertino, California-based company said its 21.5-inch iMac will...
View ArticleOprah Winfrey just paid $43.2 million for 10% stake in Weight Watchers, and...
NEW YORK — Oprah Winfrey is paying about US$43.2 million for a 10 per cent stake in Weight Watchers and is joining the weight management company’s board. The company’s shares are up almost 48 per cent...
View ArticleGerman condom manufacturer claiming product ‘corresponds to up to 21 orgasms’...
BERLIN — A German condom manufacturer has run into legal trouble with a claim that a packet of seven of its products “corresponds to up to 21 orgasms.” Berlin company Einhorn asked a state court in...
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Apple TV review: New device is solid for video, games — but it isn’t just for...
NEW YORK — It turns out that Apple’s streaming-TV box — aptly named Apple TV — isn’t just for streaming anymore. Its latest incarnation, which ships this week, offers on the big screen just about...
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Volkswagen AG cheated on pollution tests in other vehicles including Porsche,...
WASHINGTON — Volkswagen cheated a second time on emissions tests, programming about 10,000 cars with larger diesel engines to emit fewer pollutants during tests than in real-world driving, according to...
View ArticleTesla Motors Inc misses expectations with US$229.9-million loss
PALO ALTO, Calif. — Tesla Motors Inc. on Tuesday reported a loss of US$229.9 million in its third quarter. The Palo Alto, California-based company said it had a loss of US$1.78 per share. Losses,...
View ArticleVolkswagen offers some employees amnesty in exchange for whistleblowing on...
FRANKFURT — Volkswagen is telling employees they can come forward with information about how the company cheated on U.S. emissions tests and they won’t be fired. In a move to get to the bottom of the...
View ArticlePandora acquiring Rdio technology for US$75M, promises more streaming...
OAKLAND, Calif. — Pandora says it is acquiring technology and intellectual property from Rdio and will add new features to its Internet music streaming service by late next year. The US$75 million cash...
View ArticleFacebook Inc is testing a breakup protection tool for people who don’t want...
SAN FRANCISCO — The heartache of a broken relationship may soon become less painful on Facebook. The world’s largest social network is trying to help people who have split up with a spouse or lover,...
View ArticleBang & Olufsen stock soars as Danish hi-fi maker says it’s in talks over...
HELSINKI — Consumer electronics company Bang & Olufsen says it’s in talks over a potential takeover bid, sending its shares surging more than 30 per cent. The Danish company says it has “initiated...
View ArticleTuring Pharmaceuticals reneges on cutting price of $750 pill, but rival’s new...
TRENTON, N.J. — After weeks of criticism from patients, doctors and other drugmakers for hiking a life-saving medicine’s price more than fifty-fold, Turing Pharmaceuticals is reneging on its pledge to...
View ArticleWhere have all the Canadian tourists gone? Weak dollar keeps them from...
ORLANDO, Fla. — Around this time of year, Joel and Lorraine Leydier usually make their annual drive from their home in a small town east of Toronto to Myrtle Beach, South Carolina, where they love...
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Spotify considers allowing artists to withhold new songs from free service
LOS ANGELES — Music-streaming giant Spotify is toying with the idea of allowing musicians to reserve new releases for paying subscribers, although it balked at doing so for Coldplay’s latest album,...
View ArticleVolkswagen says it still believes only a small number of staff were behind...
WOLFSBURG, Germany — Volkswagen believes that only a small number of employees were behind the emissions scandal, but its board chairman said Thursday the company is still investigating and suggested...
View ArticleMobile pay fight heats up as Wal-Mart launches own mobile system in U.S.
NEW YORK — The mobile payment wars are heating up. Wal-Mart Stores Inc., the world’s largest retailer, said it’s launching its own mobile payment system that will allow shoppers to pay with any major...
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Apple’s Siri, Microsoft’s Cortana and ‘OK Google’ face off: Who is the best...
SAN FRANCISCO — Cortana’s learning the neighbourhood. Google’s digital assistant can’t tell a joke. And Siri apparently has a thing for the metric system. Those are just a few of the things I learned...
View ArticleHow Chipotle is changing its cooking methods after a devastating E. coli...
NEW YORK — After an E. coli outbreak that sickened more than 50 people, Chipotle is tweaking its cooking methods. Onions will be dipped in boiling water to kill germs before they’re chopped. Raw...
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Why CES 2016 may show us just how much smarter gadgets will become in brave...
LAS VEGAS — Look around. How many computing devices do you see? Your phone, probably; maybe a tablet or a laptop. Your car, the TV set, the microwave, bedside alarm clock, possibly the thermostat, and...
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